H.B. No. 280
  relating to the information required to be posted by the Texas Water
  Development Board on the board's Internet website regarding the use
  of the state water implementation fund for Texas.
         SECTION 1.  Section 15.440(b), Water Code, is amended to
  read as follows:
         (b)  The board shall post the following information on the
  board's Internet website regarding the use of the fund and
  regularly update the information posted:
               (1)  the progress made in developing needed water
  supply statewide and for the benefit of each regional water
  planning area; [and]
               (2)  for each regional water planning area, a
  description of each project funded through bonds supported by a
  bond enhancement agreement entered into under Section 15.435,
                     (A)  the expected date of completion of the
  project; [and]
                     (B)  the current status of the project;
                     (C)  the amount of bonds issued and the terms of
  the bonds;
                     (D)  a summary of the terms of the bond
  enhancement agreement; and
                     (E)  the status of repayment of any loan provided
  in connection with the project, including an assessment of the risk
  of default based on a standard risk rating system;
               (3)  a description of the investment portfolio of the
               (4)  the expenses incurred in investing money in the
               (5)  the rate of return on the investment of money in
  the fund;
               (6)  a description of the point system for prioritizing
  projects established by the board under Section 15.437(b) and the
  number of points awarded by the board for each project;
               (7)  any nonconfidential information submitted to the
  board as part of an application for financial assistance under this
  subchapter that is approved by the board;
               (8)  the administrative and operating expenses
  incurred by the board in developing the state water plan and
  providing financial assistance for projects included in the plan;
               (9)  any other information required by board rule.
         SECTION 2.  This Act takes effect September 1, 2015.
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
         I certify that H.B. No. 280 was passed by the House on April
  23, 2015, by the following vote:  Yeas 139, Nays 0, 2 present, not
  Chief Clerk of the House   
         I certify that H.B. No. 280 was passed by the Senate on May
  15, 2015, by the following vote:  Yeas 31, Nays 0.
  Secretary of the Senate    
  APPROVED:  _____________________